Ruias
Recent Highlights
All Stories for Ruias
Essar sells BPO company Aegis for $275-300 million to Singapore-based private equity fund manager
•The sale marks Essar's complete exit from BPO business.
After selling 49% to Rosneft, Ruias to offload another 25% stake in Essar Oil
•The promoters see an enterprise value of Essar Oil of $10 billion
Essar Oil hits fresh 1-year high as stock zooms nearly 50 percent in four sessions
Fp Staff •In last three trading sessions, Essar Oil shares spurted nearly 39 percent on the back of strong volumes
Ruias likely to be named in Loop Telecom charge-sheet
Kirpal •The CBI is set to file a charge-sheet in the Loop Telecom case, and it could be naming the Ruias in it.
First Ruia, now Piramal: Vodafone is a sucker twice over
Jagannathan •The Vodafone-Piramal deal is not necessarily the best deal the former should have got. Is the Indian telecom policy making suckers out of foreign investors?
CBI may clip Santa's Claws, go after the Ruias & Loop
Kirpal •The focus of the next CBI charge-sheet in the 2G scam could be the Ruias of Essar. They are alleged to have contravened provisions of the united access services licence agreement by acquiring an effective stake in Loop, which is technically owned by the Ruias' sister and her husband
Collapse of Loop deal is a lucky escape for Bharti Airtel
Jagannathan •The collapse of the Bharti deal to buy Loop is good for Bharti, even though the Khaitans of Loop will now get an even lower price for their mobile operator after the loss of two million customers since February
CBI chargesheet delinks Ruias from A Raja and 2G scam
Kirpal •The CBI chargesheet in the Loop case essentially delinks the Ruias from the 2G scam. But it won't necessarily save them from arrest.